You have to love politics, HST out, PST in, effective April 1, 2013. But the unintended consequence of this announcement was that many smart new home buyers decided to wait for lower taxes before purchasing and why not, 12% on $700,000 is $84,000 and that is a lot of money. One of the most powerful lobbies in provincial politics are new home developers who have been big supporters of the Liberals [...]

Here is your update from Real Estate Vancouver. Real Estate Vancouver – Real Estate Board of Greater Vancouver (REBGV) Includes real estate in Vancouver West, Vancouver East, Burnaby, Coquitlam, South Delta, Richmond, Maple Ridge, New Westminster, North Vancouver, West Vancouver, Port Coquitlam, Pitt Meadows, Squamish and Sunshine Coast. Balanced market for much of 2011 – Overall sales down [...]

Here is your monthly update for Real Estate Vancouver. Real Estate Vancouver – Real Estate Board of Greater Vancouver (REBGV) Includes real estate in Vancouver West, Vancouver East, Burnaby, Coquitlam, South Delta, Richmond, Maple Ridge, New Westminster, North Vancouver, West Vancouver, Port Coquitlam, Pitt Meadows, Squamish and Sunshine Coast. Real Estate Vancouver reports that November 2011 ended [...]

Vancouver real estate prices are the talk of the town, country, continent and planet for good reason.  We invited the world way back at Expo 86 and the world came and started buying up property, increasing Vancouver real estate prices.  Following the shootings in Tiananmen Square in Beijing and prior to the reversion of Hong Kong to China, wealthy people from Hong Kong went crazy for Canadian [...]

Here is your monthly update for Real Estate Vancouver. Real Estate Vancouver – Real Estate Board of Greater Vancouver (REBGV) Includes real estate in Vancouver West, Vancouver East, Burnaby, Coquitlam, South Delta, Richmond, Maple Ridge, New Westminster, North Vancouver, West Vancouver, Port Coquitlam, Pitt Meadows, Squamish and Sunshine Coast. Real Estate Vancouver reports 2,317 MLS sales in [...]

Think of the local Real Estate Board’s as public relations machines who are masters of delivering positive messages to the masses about Vancouver real estate prices.  One thing they rarely talk about are the thousands of sellers who list their properties throughout Vancouver for months and sometimes years and end up as Cancelled, Expired or Terminated Listings. Effectively these sellers have failed [...]

Here is your monthly update for Real Estate Vancouver. Real Estate Vancouver – Real Estate Board of Greater Vancouver (REBGV) Includes real estate in Vancouver West, Vancouver East, Burnaby, Coquitlam, South Delta, Richmond, Maple Ridge, New Westminster, North Vancouver, West Vancouver, Port Coquitlam, Pitt Meadows, Squamish and Sunshine Coast. Real Estate Vancouver reports MLS sales have been [...]

Here is your monthly market update for Real Estate Vancouver. Real Estate Vancouver – Real Estate Board of Greater Vancouver (REBGV)    Includes real estate in Burnaby, Coquitlam, South Delta, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, Squamish, Sunshine Coast, Vancouver East, Vancouver West and West Vancouver. Real Estate Vancouver reports [...]

Here is your monthly market update for Real Estate Vancouver. Real Estate Vancouver – Real Estate Board of Greater Vancouver (REBGV)    Includes real estate in Burnaby, Coquitlam, South Delta, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, Squamish, Sunshine Coast, Vancouver East, Vancouver West and West Vancouver. Real Estate Vancouver [...]

How many times have I heard “If I only had a Crystal Ball…” and frequently it comes out of my mouth in response to the countless questions I receive asking me where the Vancouver real estate market and prices are going?  The fact is with all my writing and speaking I have never been asked will there be a Vancouver real estate bubble?  The question I receive is will there be a significant reduction [...]